State-appointed Ventspils port management company closing down. What went wrong?
Latvian state company Ventas osta will cease operations in Ventspils. The company functioned for four years, large amounts of money were allocated to…
Author: Ogres
Buy-back price of one Latvijas gāze share is planned at 3.35 euros
The buy-back price of a single Latvijas gāze share is planed at 3.35 euros, according to the company’s statement to Nasdaq Riga. The Bank…
LMT President: competition should be done with service quality, not loud announcements
Competitors should compete with service quality and variety instead of loud announcements on the media, LETA was told by Latvijas Mobilais Telefons LLC…
From makers to importers: Latvian beer industry reaches historically the lowest level
Latvian beer industry is currently at its historically lowest point. We have gone from beer makers to beer importers, said Latvian Society of…
Latvian parliament approves Agnese Lāce as country’s Minister of Culture
On Thursday, the 20th of June, Latvian Saeima approved Agnese Lāce as the new Minister of Culture. She was proposed for this post…
Olainfarm announces name change
Latvian medicines manufacturer Olainfarm JSC plans to change its name to Olpha, as confirmed by Olainfarm board chairman Juris Bundulis. “Re-branding in the…
Rail Baltica will not be fully operational in any Baltic country by the year 2030
Rail Baltica project will not be fully operational in any Baltic State by the year 2030, said RB Rail deputy board chairperson Kitija…
Central Laboratory reports severe drop in turnover of profits after Covid-19 pandemic
In 2023, Central Laboratory LLC operated with turnover of EUR 33.51 million, which is 50% less when compared to 2022. The company’s profits…
Riga City Council concerned about Andrejsala developer’s uncoordinated activities
Riga municipality intends to request explanations from Andrejsala developer and investor, real estate developer company Eagle Hills for possible arbitrary action and non-compliance…
